The stock of Baytex Energy Corp (NYSE:BTE) last traded at $3.45, up 2.07% from the previous session.
BTE stock price is now 8.09% away from the 50-day moving average and -5.44% away from the 200-day moving average. The market capitalization of the company currently stands at $2.83B.
, while ‘Canaccord Genuity’ rates the stock as ‘Buy’
A total of 12.96% of the company’s stock is owned by insiders.
During the past 12 months, Baytex Energy Corp has had a low of $2.89 and a high of $4.65. As of last week, the company has a debt-to-equity ratio of 0.64, a current ratio of 0.79, and a quick ratio of 0.79. The fifty day moving average price for BTE is $3.1918 and a two-hundred day moving average price translates $3.6486 for the stock.
The latest earnings results from Baytex Energy Corp (NYSE: BTE) was released for Dec, 2023. According to the Oil & Gas E&P Company, earnings per share came in at -$0.55, missing analysts’ expectations of $0.12 by -0.67. This compares to $0.48 EPS in the same period last year. The net profit margin was -8.33% and return on equity was -6.52% for BTE. The company reported revenue of $615.12 million for the quarter, compared to $386.56 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 59.13 percent. For the current quarter, analysts expect BTE to generate $662.71M in revenue.
Baytex Energy Corp(BTE) Company Profile
Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. It also holds interest in the Eagle Ford property in Texas; Viking and Lloydminster properties in Alberta and Saskatchewan; and Peace River and Duvernay properties in Alberta. Baytex Energy Corp. was incorporated in 1993 and is headquartered in Calgary, Canada.
